Pace Port Toronto, Tata Consultancy Services' (TCS) fifth international research and co-innovation centre, has opened. Pace Port Toronto, which covers 16,000 square feet, gives businesses access to the most recent innovations and "breakthrough thinking" from TCS Research labs, start-ups, venture capitalists, business owners, academia, including the University of Toronto, as well as TCS' network of Pace Ports in New York, Pittsburgh, Amsterdam, and Tokyo.

By joining TCS' Co-Innovation Network (COINTM), which connects innovators and intellectual property, Canadian businesses will be able to adopt a hybrid approach to collaborative innovation and control the rate of change in their sector.

Chief Technology Officer, TCS, Ananth Krishnan, said, "Establishing a Pace Port in Toronto - North America's fastest growing tech market -- is part of a long-term TCS strategic plan for Canada that includes innovation labs,growing and reskilling our workforce, and our ongoing work with schools to support STEM education."

TCS Pace Port hubs around the world include over 4,000 researchers and innovators, more than 2,300 start-up partners, over 30 innovation labs, and 67 academic partners, it was stated.